AMERICAN RLTY CAP PPTYS INC

CUSIP: 02917T104 Class: -REIT

COBALT CAPITAL MANAGEMENT, INC.'s Holding History (CIK: 0001086762)

Note: Option positions (PUT/CALL) are excluded.

Q3 2014

Shares 2,611,109 Value ($000) $31,490 Avg Close — Range —

Q2 2014

Shares 2,611,109 Value ($000) $32,717 Avg Close — Range —

Q1 2014

Shares 2,170,172 Value ($000) $30,426 Avg Close — Range —

Q4 2013

Shares 1,604,600 Value ($000) $20,621 Avg Close — Range —

Q3 2013

Shares 1,004,600 Value ($000) $12,256 Avg Close — Range —

Period	Shares	Value ($000)	Average Close	Price Range
Q3 2014	2,611,109	$31,490	—	—
Q2 2014	2,611,109	$32,717	—	—
Q1 2014	2,170,172	$30,426	—	—
Q4 2013	1,604,600	$20,621	—	—
Q3 2013	1,004,600	$12,256	—	—